President Muhammadu Buhari has appointed former governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo into it the newly constituted Economic Advisory Council (EAC).
The Council, to be headed by Professor Doyin Salami, according to a statement today, September 16, by the special adviser to the President on media and publicity, Femi Adesina, would replace the current Economic Management Team (EMT) and is expected to be reporting directly to the President.
According to the statement the Economic Advisory Council (EAC) will advise the President on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues working with the relevant cabinet members and heads of monetary and fiscal agencies.
“The EAC will have monthly technical sessions as well as scheduled quarterly meetings with the President. The Chairman may, however, request for unscheduled meetings if the need arises.”
Other members of the Council are Dr. Mohammed Sagagi as Vice-Chairman, Professor Ode Ojowu, Dr. Shehu Yahaya, Dr. Iyabo Masha and Bismark Rewane while Dr. Mohammed Adaya Salisu, a senior special assistant to the President on development policy will serve secretary of the Council.